Environmental awareness has helped people care for the planet in whatever way they can. It also contributed to the rise in the number of electronic vehicles today. As a result, businesses now have more opportunities to connect with their customers and draw in new ones.

Recent findings show that electric vehicles will make up the bulk of new automobile sales by 2040, accounting for roughly more than 50% of the global market. This data gives companies more reasons to install EV charging networks to provide solutions for their customers who want to charge their electric cars.

Still on the fence and can’t seem to start taking advantage of this wonderful opportunity? Read on to learn about the reasons you need EV charging networks at your place of business.

Improves the Company’s Reputation

Additional research indicates that by 2030, the number of electric cars is expected to reach 18.7 million on American roads, accounting for roughly 7% of the 259 million vehicles (both light trucks and cars). That’s an immense increase from the 1 million EVs at the end of 2018.

Since more and more people are now becoming concerned with the environment, chances are there will be a lot of people in your area that are looking for electric car charging stations. And if they notice that your location has one, they will be more inclined to favor you over your competitors who don’t have EV stations. Therefore, installing commercial electric car charging stations at your establishment can significantly improve your brand image.

Increases Customer Loyalty

Providing EV charging solutions to electric car owners will intentionally put your business on these individuals’ regular routes. And when electric vehicle owners visit your establishment to charge, there’s a high likelihood that they will return the next time they need to charge again. In fact, they may even change their current route in order to accommodate charging at one of your EV charging networks, increasing the foot traffic to your business establishment.

You’ll find that even large franchise stores like Target already have electric car charging stations. This helps them increase sales because EV drivers who charge their cars will go inside the store to buy a few stuff while waiting for the charging to finish.

Creates a New Revenue Stream

EV charging networks can also provide your company with additional earnings. For example, garage operators can supplement the income they get from pay-to-park customers with this simple solution. Plus, you also don’t need to hire more employees to take advantage of this opportunity.

You can also use this arrangement to prevent your employees from parking their personal cars in the garage. Your employees will almost certainly keep the spots clear so that customers can use the EV charging stations.

If you install your EV stations strategically, they will be able to pay for themselves. Its revenue will eventually cover the costs required for maintenance as well as the expenses incurred during installation.

Brings Attention to Your Company

After installing EV stations, you can sign up for numerous applications that can help put your business on the map. Apps like Blink Map, Plug Share, and Charge Hub can serve as fantastic marketing tools that can direct visitors to your site free of charge. Registering your company with these smartphone apps can give your company its needed exposure to existing and potential customers.

Offers Tax Rebate Opportunities

In the United States, there’s a government incentive program offered by the Department of Energy. This program can provide you with up to $7,500 in federal tax credits if you purchase an electric vehicle.

You should note that companies building alternative fuel infrastructure are also eligible for a tax credit. You will receive a 30% tax credit that can go up to $30,000 in total. The reimbursements available to you vary by state, but they are all substantial.

Align With Current Trends and Boost Your Business

Having EV stations can clearly show your customers that you put their needs on top of your company’s priorities. You can easily find electric vehicle charging stations for sale in your area, so you can start taking advantage of this opportunity to expand your client base with electric car owners. With so many options to choose from, it will be easy for you to incorporate this modern solution into your business.

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